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20.1 bln-yuan deals signed at Lingwu cashmere fair
By Wang Juanjuan
China.org.cn, September 24, 2015 Print  E-mail

32 projects, involving 20.1 billion RMB in investment, were signed at the Fifth Lingwu (Ningxia) International Cashmere Fair on September 21.

The signed projects concerns the investment and cooperation in different fields, including cashmere industrial investment fund, cashmere equity cooperation, deep processing of cashmere spinning, cashmere university-industry-research cooperation and the recycling economy of renewable resources, logistics base of international containers, vegetables cold-chain logistics for ports, cultural tourism of eco-agriculture, the investment and financing of infrastructure construction in the harbor economic area etc.

The projects related to the development of cashmere industry amounts 13 billion Yuan, accounting for 62% of the projects on investment and cooperation, and the amounts of signed projects occupy 39% of Yinchuan’s total volume during China-Arab States Expo.

There are 16 investment projects amounting 18.386 billion Yuan, among which 6 contract projects amounting 4.67 billion Yuan, and 10 agreed items amounting 13.716 billion Yuan.

And there are 16 commerce projects amounting 2.66 billion Yuan. For instance, Zhongyin Cashmere Co; Ltd signed a project of silk road industrial investment fund amounting 11 billion RMB with China Hi-Tech Group Corporation at the just-concluded China-Arab States Expo. http://www.nxnews.net/dz/system/2015/09/22/011145354.shtml

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